Zeta Global (NYSE:ZETA) Given New $38.00 Price Target at DA Davidson

Zeta Global (NYSE:ZETA) had its target price hoisted by DA Davidson from $36.00 to $38.00 in a research report sent to investors on Tuesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Several other research analysts also recently commented on the company. Bank of America lifted their target price on Zeta Global from $29.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Royal Bank Of Canada increased their price target on Zeta Global from $31.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday. Freedom Capital downgraded Zeta Global from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. KeyCorp lifted their price objective on Zeta Global from $22.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $32.08.

Zeta Global Trading Up 0.2%

Shares of NYSE ZETA opened at $32.94 on Tuesday. The firm has a 50 day moving average price of $29.14 and a two-hundred day moving average price of $22.50. The stock has a market cap of $8.27 billion, a P/E ratio of -1,647.05, a price-to-earnings-growth ratio of 4.64 and a beta of 1.39. Zeta Global has a 52-week low of $14.36 and a 52-week high of $34.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.38 and a current ratio of 2.38.

Zeta Global (NYSE:ZETA) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.17). Zeta Global had a positive return on equity of 5.32% and a negative net margin of 0.15%.The business had revenue of $442.77 million for the quarter, compared to analyst estimates of $420.61 million. During the same quarter last year, the firm posted ($0.10) EPS. Zeta Global’s revenue for the quarter was up 43.6% on a year-over-year basis. As a group, equities analysts forecast that Zeta Global will post 0.21 EPS for the current year.

Institutional Trading of Zeta Global

Large investors have recently bought and sold shares of the business. Royal Bank of Canada grew its stake in Zeta Global by 69.8% during the first quarter. Royal Bank of Canada now owns 558,179 shares of the company’s stock worth $8,887,000 after purchasing an additional 229,533 shares during the period. California State Teachers Retirement System increased its holdings in Zeta Global by 31.7% in the first quarter. California State Teachers Retirement System now owns 227,521 shares of the company’s stock worth $3,622,000 after purchasing an additional 54,703 shares in the last quarter. Cetera Investment Advisers lifted its stake in Zeta Global by 133.5% in the first quarter. Cetera Investment Advisers now owns 79,181 shares of the company’s stock valued at $1,261,000 after buying an additional 45,264 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Zeta Global in the second quarter valued at approximately $2,148,000. Finally, WINTON GROUP Ltd bought a new position in shares of Zeta Global during the 2nd quarter worth approximately $3,480,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global News Roundup

Here are the key news stories impacting Zeta Global this week:

• Positive Sentiment: Digital Audience acquisition expands Zeta’s data platform. Zeta agreed to acquire Digital Audience, a deal intended to extend the Zeta Data Cloud across the digital ecosystem and broaden the company’s AI-driven audience, data and marketing capabilities. Reports indicated the announcement helped lift the stock in after-hours trading. Zeta Global to Acquire Digital Audience
• Positive Sentiment: Senso deal strengthens AI infrastructure. Zeta’s agreement to acquire Senso is expected to add AI engineering capabilities and connectivity with frontier models, supporting the company’s efforts to build intelligent AI infrastructure and improve AI-powered discovery offerings. Zeta Global to Acquire Senso
• Positive Sentiment: DA Davidson raised its outlook. The analyst increased Zeta’s price target from $36 to $38 and maintained a “buy” rating, citing potential for further appreciation. The revision may reinforce bullish momentum after the stock reached a new 52-week high. DA Davidson Forecasts Strong Price Appreciation for Zeta Global
• Neutral Sentiment: Management emphasized proprietary data usage. CEO David Steinberg said Zeta does not sell its data to other large language-model companies and instead uses the data to train its own models. This could differentiate Zeta’s AI platform, although it also keeps investor attention on data governance and privacy.
• Neutral Sentiment: New UK leadership announced. Zeta named a new UK president, supporting its international growth strategy, though reports noted that questions remain about the company’s elevated valuation. Zeta Global Names New UK President

Zeta Global Company Profile

Zeta Global is a technology company that provides data-driven marketing and customer-experience solutions to brands and agencies. Its platform helps organizations acquire, grow and retain customers by combining consumer data, artificial intelligence and marketing automation across digital channels.

The company’s offerings include the Zeta Marketing Platform, which supports audience discovery, campaign planning, activation, personalization and measurement. Zeta also provides data-management and analytics capabilities through its proprietary data assets, helping marketers develop customer insights and deliver coordinated campaigns across channels such as email, online advertising, connected television and other digital media.

Founded in 2007, Zeta Global serves enterprise marketers and agencies, primarily in the United States and other markets where digital advertising and customer-engagement services are in demand.